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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (45180)	1/13/1998 4:58:00 PM
From: Jeff Mills	Read Replies (1) \| Respond to of 186894

<<The trading range will be 75-80 for the next two quarters>> There are no such things as "will be"'s in this game. One day you will learn this. Cheers.

To: RetiredNow who wrote (45180)	1/13/1998 5:05:00 PM
From: Larry Ames	Respond to of 186894

David, You know when you're down for a while and Fiondella starts to make sense to you ....... You get excited when you can unload that doubt that was growing. Maybe the street will someday assign a PE it gives to other leading companies. Wishful thinking, Larry

To: RetiredNow who wrote (45180)	1/13/1998 5:34:00 PM
From: mauser96	Respond to of 186894

If a company growing 20% a year is worth a P/E of 20, by the same logic a company showing no growth should sell for nothing, and the stock owners of companies losing money would actually have to pay buyers... The rule of thumb is that a company growing at 20% is a real bargain at a 20 P/E. Intel, like all stocks, is worth what someone is willing to pay for it, and this is likely more than it was when earnings were expected to be 90 cents. I think it is a very good performance by a company in the bad stage of it's product cycle. As several on this thread have pointed out, the cycle is probably starting an upswing in 1998. 400MHz, new chip sets, and a faster bus will allow substantial real world performance increases well before the arrival of Merced. These performance improvements should translate into big sales increases. The good earnings are an indication that Intel has mastered chip making to the point of getting incredible yields. This is and will continue to be the real cornerstone of their sucess.